Blog
How the COVID-19 Economic Stimulus Bill Would Affect Not-For-Profits
Congressional and Administration negotiators reached agreement on the Phase 3 COVID-19 economic stimulus bill early Wednesday morning and just...
Coronavirus: Guidance for Small Businesses & Loan Resources
The U.S. Small Business Administration (SBA) has provided Small Business Guidance & Loan Resources that may be critical to your business. Below...
Common Issues Small Businesses May Encounter
Below are a few of the most common issues that clients are facing during this pandemic and how small business owners may curtail or tackle the...
Using Your 401(K) Plan to Save This Year and Next
You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan. If your employer offers a 401(k) or Roth 401(k)...
IRA Charitable Donations Are an Alternative to Taxable Required Distributions
IRA distribution basics A popular way to transfer IRA assets to charity is through a tax provision that allows IRA owners who are 70½ or older to...
Put Your Audit in Reverse to Save Sales and Use Tax
It’s a safe bet that state tax authorities will let you know if you haven’t paid enough sales and use taxes, but what are the odds that you’ll be...
When an Elderly Parent Might Qualify As Your Dependent
It’s not uncommon for adult children to help support their aging parents. If you’re in this position, you might qualify for the adult-dependent...
Turning Next Year’s Tax Refund into Cash in Your Pocket Now
Each year, millions of taxpayers claim an income tax refund. To be sure, receiving a payment from the IRS for a few thousand dollars can be a...
The “Manufacturer’s Deduction” Isn’t Just for Manufacturers
The Section 199 deduction is intended to encourage domestic manufacturing. In fact, it’s often referred to as the “manufacturers’ deduction.” But...